US DNP Green Technology acquires bioplastics producer Sinoven

Sinoven produces biodegradable polybutylene succinate plastic at its facilities in ?xml:namespace>?xml:namespace>Shanghai, China. The purchase price was not disclosed.

The acquisition will help move DNP’s proprietary bio-based succinic acid down the value chain, said Jean-Francois Huc, president of DNP.

Bioamber, DNP’s joint venture company with France-based ARD, last month started its new 2,000 tonne/year bio-based succinic acid facility in Pomacle, France. The facility uses wheat-derived glucose for feedstock.

ARD (Agro-industrie Recherches et Developpements) is the research and development (R&D) centre of a large agro-industrial consortium in France.

Sinoven had said it would be the first company to commercialise polybutylene succinate with renewable content above 50%. Applications for the bio-polybutylene succinate include food-service coffee lids, cups, dishes, cutlery, disposable razors, writing instruments and cosmetic packaging.

The acquisition also boosts DNP by giving it a presence in China, said Huc.